Tuesday, December 8, 2015

Labor Market Spider Chart

The spider chart is designed by the Atlanta Fed to allow monitoring of broad labor market developments by comparing current conditions to those in the fourth quarters of 2007 (prerecession peak) and 2009 (postrecession trough in employment). Indicators of labor market status are broken up into four groups: Employer Behavior, Confidence, Utilization, and Leading Indicators.

Almost across the board, current labor conditions are better than any other time since the start of the Great Recession.